Overview
Home All services About government Budget and finance Heritage Savings Trust Fund Part of Budget and finance Heritage Savings Trust Fund Alberta’s Heritage Fund grows and reinvests a portion of the province’s resource revenues, building a lasting legacy for all Albertans.1
Alberta Heritage Savings Trust Fund's investment capital supports sovereign or public-sector financial objectives.1
Investment program
- Estimated AUM
- $23.3B as of Dec 31, 20251
- Capital pool
- state-owned permanent/stabilization (heritage) fund1
- Investment model
- We believe that the policies, processes and institutions that form a robust corporate governance framework are fundamental to our mission to rank among the best institutional investment managers and to inspire the confidence of Albertans.2
- Investment approach
- Heritage Fund Opportunities Corporation is modernizing the investment policies of the Heritage Fund to secure an actively managed, global asset mix optimized for long-term growth.1
- Spending support
- Not listed yet
- Spending policy
- Not listed yet
- Asset allocation
- Public evidence references these asset classes or allocation areas: private equity, venture capital, real estate, infrastructure, fixed income.1
- Performance
- Not listed yet
- Governance
- This transaction was approved by Treasury Board on July 7, 2025, and is reported as an amount due from the General Revenue Fund.1
- Investment team
- Svarva holds an MBA from the University of Denver and is an authorized portfolio manager through the Norwegian Society of Financial Analysts.1
- Unfunded commitments
- Not listed yet
- Source freshness
- Last verified Jul 21, 2026 · Verified
Sources
Last verified Jul 21, 2026 from public career and organization materials.
Fact notes
- Website (alberta.ca)Parent organization overview, Pool purpose, Capital pool, Estimated AUM, Investment approach, Asset allocation, Governance, Investment team · checked Jul 25, 2026
- Website (aimco.ca)Investment model · checked Jul 25, 2026
- Website (aimco.ca)Investment office page · checked Jul 25, 2026
Profile and job sources
- Website (alberta.ca)Website · checked Jul 25, 2026
- Website (aimco.ca)Website · checked Jul 25, 2026
- Website (aimco.ca)Website · checked Jul 25, 2026
- Website (aimco.ca)Website · checked Jul 25, 2026
- Primary job/profile sourceJob posting · checked Jul 21, 2026